Re:Why Nuclear Must Be Part Of The Energy Solution (2018)
by belorn on Monday March 01, 2021 @09:08PM
(#26311113)
> how much of that reliability do we need?
There are two guiding clues for that. One is to look at https://www.electricitymap.org/ranking and see how Germany is doing. One can derive the weather based on how brown the color is.
The second clue is energy prices swings more heavier as a country replaces nuclear with renewable. Heavy energy using industries can't double production when prices shrink by 50%, but they will stop production when costs exceed profits. This is already happening in Sweden when prices jumped by +70% this winter. It will be interesting to see what happens when the steel industry is becoming even more dependent on energy prices and will have to stop for weeks during the winter, and the effect that will have on employment contracts.
There are two guiding clues for that. One is to look at https://www.electricitymap.org/ranking and see how Germany is doing. One can derive the weather based on how brown the color is.
The second clue is energy prices swings more heavier as a country replaces nuclear with renewable. Heavy energy using industries can't double production when prices shrink by 50%, but they will stop production when costs exceed profits. This is already happening in Sweden when prices jumped by +70% this winter. It will be interesting to see what happens when the steel industry is becoming even more dependent on energy prices and will have to stop for weeks during the winter, and the effect that will have on employment contracts.